Nomura Holdings Inc. named Steven Ashley as global head of fixed income following the resignations of two top bankers who joined when Japan’s biggest brokerage bought Lehman Brothers Holdings Inc. operations in 2008.
Jive Software Inc. fell the most since going public in December 2011 after the maker of social- networking products reported a wider loss, cut its full-year forecast and Robert W. Baird & Co. downgraded the stock.
Investors are betting Responsys Inc. and Constant Contact Inc. will be the next targets for companies seeking to beef up their online-marketing technology after Salesforce.com Inc.’s $2.5 billion purchase of ExactTarget Inc.
Salesforce.com Inc. jumped to a record high after quarterly results showed customers are seeking the marketing tools Chief Executive Officer Marc Benioff acquired to complement his customer-management software.
Symantec Corp., a maker of computer security software, dropped the most in more than two years after saying fiscal fourth-quarter sales and profit were less than forecast, citing a drop in data-storage software contracts.